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Real Estate Forum on Mumbai Monorail Project

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Latest Answer: @Sunil, The main objectives of the project is to prepare a traffic dispersal model for potential movability and connectivity, develop North-South road links in the suburbs including a Mass Rapid Transit connectivity, provide bus terminal / bus depots and to create facilities for passengers, make strong East-West connectivity in the suburbs, remove level crossing in Mumbai, provide efficient and fast public transport corridors, Facilitate safe and convenient movement for pedestrians, provide high capacity uninterrupted road connection to both the Airports etc.
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Q: It seems that real estate market rates in eastern Mumbai districts are going to double by 2017.
Latest Answer: Hello Ashish, But this is mainly due to the upcoming infrastructural improvements and developments like the construction of the 12 lane multimodal corridor, the ambitious Delhi Mumbai Industrial Corridor, the expansion of educational and IT infrastructure and the slated extension of rail connectivity. These factors will really push the property prices to a greater limits by 2017.
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Q: Thousand of Mumbaikars thronged the state secretariat Mantralaya to submit application forms in the city's upscale Hiranandani Gardens residential township in Powai.
Latest Answer: Even last year, a single judge of the High Couirt had in January also restrained Lakeview Developers and others from constructing small 40 and 80 sq.mt houses after 8 housing societies, including Eternia, in the Powai Area Development Scheme took them to court. Because, the developer was merely following an earlier HC order to construct affordable housing.
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Q: When monorail in Mumbai going to be launched and which are the routes it is going to ferry passengers?
Latest Answer: Any way the Mumbai monorail project going to effect the real estate sector?
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Q: What is the status of the project? It was suppose to get to commence its services in September this year?
Latest Answer: Phase-I connects Jacob Circle to Chembur via Wadala, Mulund to Borivali via Goregaon, Virar to Chikhaldongri, Lokhandwala to Kanjurmarg through Santacruz SEZ and Thane to Dahisar via Mira Bhayandar. Phase-II will connect Kalyan to Dombivli via Ulhasnagar, Chembur to Kopar Khairane via Ghatkopar, Mahape to Kalyan via Shil Phata and Thane to Kalyan via Bhiwandi.
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